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1874 T$1 PR67 Cameo NGC....
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Description
Rare PR67 Cameo 1874 Trade Dollar
Finest Certified
1874 T$1 PR67 Cameo NGC. This spectacular coin is the finest
certified 1874 Trade dollar at either of the leading grading
services, and has legitimate claims to the title of "Finest Known."
Currently, PCGS has graded no examples higher than PR66, while NGC
has certified two proof specimens in Superb Gem condition, but
without the Cameo designation, leaving this coin alone at the top
of the grading pyramid.The 1874 proof Trade dollar is the rarest date of the series, excluding the clandestine 1884 and 1885 issues. The reported mintage was a meager 700 pieces, but experts concur that the issue is much less available than even this small figure suggests. Unlike other proof dates of the era, numismatists believe the entire mintage was eventually dispersed to paying customers, with no melting of leftover pieces at the end of the year. While most of the coins were sold as part of proof sets, records show 175 unsold examples were released at face value, probably to Philadelphia coin dealers like A.M. Smith, on January 9,1875. Even if the entire mintage reached numismatic hands, the supply was small, and the issue had a particularly low survival rate. It is likely that hundreds of specimens have been mishandled or spent for face value over the years.
The present coin is a spectacular Superb Gem, with profound field-device contrast. The deeply mirrored fields are highlighted by a rainbow of iridescent sky-blue and green toning on both sides. The design elements display razor-sharp details throughout, and the surfaces exhibit only the most minor hairlines. This offering represents an important opportunity to acquire the finest certified example of one of the rarest dates in the Trade dollar series.
Ex: Old Colony Collection (American Numismatic Rarities, 12/2005), lot 1452.
From The Slotkin Family Trust Collection.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 27YK, PCGS# 87054)
Weight: 27.22 grams
Metal: 90% Silver, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [The Slotkin Family Trust Collection ]
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